S&P500 day trading course weekly Chart for New Year with price action. The S&P500 emini futures contract moved up on light volume over the holidays with a very light trading day today.
03
Jan2011
15
Dec2010
Point of Control is 1232.50 as sellers engulfed the previous buyers move up off of support at 1230. Watching for a move off of 1229 to 1235 and then a continuation to previous highs for the weekend. Don't forget about the invisible hand.
13
Dec2010
S&P500 eminin futures, it will be a consolidated area to trade this next week as most investors will be in the "let it ride" cycle of the year.